$220 million worth of deals under scanner: After 25% tariffs, US sanctions 6 Indian firms; move taken over oil trade with Iran
Thursday, 31 July 2025 The US has imposed sanctions on six Indian businesses, along with other global entities, for allegedly violating restrictions on Iran by engaging in significant transactions involving Iranian petroleum and petrochemical products. These India-based companies are accused of importing and trading Iranian goods worth millions of dollars.
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not officially responded, markets are jittery and economists warn of a possible dent to India's GDP. The...
U.S. President Donald Trump is signaling a tougher stance on Russia as Treasury Secretary Scott Bessent warned that all options remain open for new sanctions amid Moscow’s intensified bombardment of..
Donald Trump lashed out at India after Prime Minister Modi met Xi Jinping and Vladimir Putin at the SCO Summit in Tianjin. Claiming India “offered to cut tariffs to nothing,” Trump dismissed the..
Russia has firmly denied allegations of jamming GPS signals on European Commission President Ursula von der Leyen’s flight to Bulgaria. The incident occurred just days after von der Leyen called..
Thursday, 31 July 2025
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